The following is a continuity of the Company’s derivative warrant liabilities:
| | | | | |
|
Balance as at July 31, 2024
|
| $ |
- | |
|
Warrants fair value upon change in functional currency (Note 2)
|
| |
454,571 | |
|
Warrants issued upon De-SPAC transaction (Note 4)
|
| |
7,196,286 | |
|
Warrants to be issued (mandatory convertible debentures)
|
| |
7,500 | |
|
Change in fair value of warrant liabilities (exercised warrants)
|
| |
162,396 | |
|
Change in fair value of warrant liabilities (expired warrants)
|
| |
(25,067 | ) |
|
Fair value of warrants exercised
|
| |
(303,492 | ) |
|
Change in fair value of warrant liabilities
|
| |
(1,865,721 | ) |
|
Balance as at July 31, 2025
|
| $ |
5,626,473 | |
|
Change in fair value of warrant liabilities
|
| |
(3,757,599 | ) |
|
Balance as at January 31, 2026
|
| $ |
1,868,874 | |
|